RUMSL Tenders for DPR of 950 MW Solar & 600 MW Floating Solar Project in Madhya Pradesh Updated On Tue, Jan 19th, 2021 by Saurenergy Rewa Ultra Mega Solar Limited (RUMSL) has released the RfP for the Preparation of DPR for the development of identified Solar Parks in Madhya Pradesh RUMSL, a Joint Venture formed between Solar Energy Corporation of India Ltd (SECI) and Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL), has issued a tender to select firms to prepare […] Read more
MNRE Releases Advisory, Clarifying Rooftop Solar Scheme to Vendors Updated On Sat, Jan 16th, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) released an advisory to clarify the Rooftop Solar Scheme regarding which many vendors are in confusion. MNRE is implementing the Grid-connected Rooftop Solar Scheme (Phase-II) to generate solar power by installing rooftop solar panels on the houses. Under which the ministry is providing 40 percent subsidy for […] Read more
Technical Complexities Will see Hybrid Tariffs Garner a Premium Over Solar: Ind-Ra Updated On Tue, Jan 12th, 2021 by Saurenergy Ind-Ra believes technical complexities in hybrid renewable project development could weigh on the project economics and tariffs assumption. A new research note by India Ratings and Research (Ind-Ra) believes that upcoming wind-solar hybrid auctions will spark cautious optimism among independent power producers. Technical complexities related to grid integration and inclusion of floor capacity proportion of […] Read more
Blown: How India Lost The Solar Rooftop Battle Updated On Mon, Jan 11th, 2021 by Saurenergy Back in 2015, when India declared its renewable energy target of 175GW for 2022, with 100 GW as the share of solar power, the euphoria over the sheer ambition papered over a lot of questions. For not only was this target truly ambitious, but to many, it finally declared the government’s resolve to break away […] Read more
IREDA experienced lowest revenue growth in last 15 years Updated On Tue, Dec 15th, 2020 by Saurenergy Indian Renewable Energy Development Agency (IREDA) has signed a Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy (MNRE) on 2 November 2020 and set a revenue target of Rs 2,406 crore for 2020-21. The exercise is a standard practice among all government backed PSU’s. With this, it is looking forward to a 1.6 […] Read more
Haryana’s JC Bose University To Have Solar Energy Plant By April 2021 Updated On Mon, Dec 14th, 2020 by Saurenergy The campus of JC Bose University, Faridabad, Haryana would be operating completely on solar energy by mid-2021, as the institute has signed an agreement with a solar company for the installation of a grid-connected rooftop solar power plant. As a result, the university will completely work on solar energy from April 2021. At SaurEnergy we […] Read more
MNRE Seeks Comments on Draft Tender for Component-B of KUSUM Scheme Updated On Fri, Dec 11th, 2020 by Saurenergy MNRE has requested comments on the draft tender prepared by EESL for the installation of standalone solar pumps under component-B of KUSUM. The Ministry of New and Renewable Energy (MNRE) is implementing the PM-Kisan Urja Suraksha Evam Utthan Mahabhiyan (KUSUM) scheme under which standalone solar pumps are being installed with government financial support. During FY […] Read more
763.47 MW Added in November, India’s Total RE Capacity Surpasses 90 GW Updated On Fri, Dec 11th, 2020 by Saurenergy India’s renewable energy (RE) capacity has surpassed the 90 GW mark, with 763.47 MW of new capacity added during the penultimate month of 2020. The Ministry of New and Renewable Energy (MNRE) has issued a monthly summary for the Cabinet for the month of November 2020, detailing all the events and development that took place […] Read more
MNRE Offers Clarification on Dispute Resolution Mechanism Provisions Updated On Wed, Dec 9th, 2020 by Saurenergy MNRE has offered clarification on a key provision under the operating guidelines of its Dispute Resolution Mechanism The Ministry of New and Renewable Energy (MNRE) has offered clarification on a key provision under the operating guidelines of its Dispute Resolution Mechanism which has been devised to consider the unforeseen disputes between solar and wind power […] Read more